3 Dividend Stocks Ideal for Retirees
For retirees, finding a pairing of stability and maximum income is a tall order. Since the two are not available through one single outlet, a diversified mix of investments that spans asset types is the way to go. Stocks should certainly be added to the list.
While dividend yields from stocks tend to be lower than what can be fetched elsewhere, owning a slice of a company can add some oft-overlooked side benefits: potential share price appreciation and dividend increases, both of which can help fight the insidious effects of inflation. Three stocks our Foolish contributors think are good candidates are Texas Roadhouse (NASDAQ: TXRH), AVX (NYSE: AVX), and Realty Income (NYSE: O).
Nicholas Rossolillo (Texas Roadhouse): Stability isn't exactly a hallmark of the restaurant industry. Rather, cutthroat competition, thin profit margins, and, as of the last few years, declining foot traffic due to industry overexpansion give a more apt description. That's not the case for Texas Roadhouse.
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